Mobile Phone Imports Show Phenomenal Growth in FY 2017-18

Mobile phone imports witnessed a phenomenal growth of 14.25 percent in the first seven months (July-January) of 2017-18, reaching $456.263 million compared to $399.351 million during the same period of 2016-17 (July-January).

Mobile phone imports in January 2018 ($79.762 million) increased by 13.66 percent compared to $70.174 million in imports in January 2017. It’s 9.19 percent higher compared to December 2017 ($73.047 million), revealed the latest data released by the Pakistan Bureau of Statistics (PBS).

Other telecom apparatus imports also witnessed growth of over 10.12 percent in July-January 2017-18 as they stood at $420.025 million, against $381.409 million during the same period last year.

When compared to the December 2017, other telecom apparatus imports registered a massive decline of 49.54 percent in January 2018 as it was $53.604 million compared to $106.420 million in December 2017.